E-Cash Payment System:
A company, DigiCash, has leaded the way the utilization of electronic cash or e-cash. Mystery of the purchaser is the key characteristic of this system. There are three members in it, namely, purchaser, mercantile and depository. Both, symmetric and asymmetric kind of cryptography is used in this scheme. Purchasers and mercantile, in cooperation, have accounts in the E-cash depository. Buyers pull out coins alongside their account and stock up them in e-cash wallet software (Cyber wallet) on their computer. Cyber wallet provisions and manages coins and records every …